Lucapa Diamond Company is set to take on a majority stake in the Lulo mine at the beginning of 2025, providing it with increased exploration capability. The company is currently in talks with the ...

Antwerp-based diamond supplier Choron Group has agreed to acquire AMC Group, a De Beers sightholder, in a rare case of consolidation in the diamond trade. Choron will integrate AMC’s manufacturing ...

Tiffany & Co. has forgiven about 50% of a loan it gave Canadian diamond miner Diamcor, as lower demand for its rough impacted the company’s ability to repay. The Canadian mining company will pay ...

In the coming year, Chow Tai Fook will introduce collections made purely from recycled precious metals, making it the first Chinese jewelry brand to do so, it said. The move comes amid a move by the ...

The US Department of State has granted nonprofit group Pact new funding to expand its work in the artisanal and small-scale gold mining (ASGM) sector in Africa. Pact will use the money to reduce ...

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Gemfields plans to curtail many of its business operations and cut jobs as it struggles with the market downturn and other issues affecting its bottom line. The company will suspend all mining at its ...

Petra Diamonds has reduced its rough-pricing forecast for the remainder of the fiscal year as it grapples with continued weakness across most of its size categories. The miner now expects prices for ...